Researches & Commentaries
Yield of 10-year Government Bonds Likely to Reach Its Peak to 3.5% in Q3
Credit Bond Market After Policy Returns to Normal: Market Expansion Slows Down and Spread Divergence Intensifies
The Quota of New Special Bonds Shouldn’t be Cut Significantly and Attention Should be Paid to Risk Prevention If More Special Bonds Are Issued
Special Bonds Create Innovative Synergies to Stabilize Economic Growth, Debt-dissolution Funds Help Many Places Prevent Risks
Debt Roll-Over Pressure at Peak of Debt Repayment as Differentiation of Belief in Urban Construction Investment Intensifies Transformation
China’s Economy Continues to Recover Steadily with Structural Opportunities in Risk Assets
Overall Monetary Easing is Less Likely, Interest Rate May Experience Slight Correction
Issuance of Next Year’s New Special Bonds May Fall Back, and Risks of Special Bonds Need to Be Forestalled in Promoting Economic Circulation
2020H1 China’s LGFV Bond Market Review and Outlook: As Financing Regulation Loosens and Market Recovers, Faith in LGFV May Further Diverge